Republic of Slovenia: 2011 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; Staff Statement; and Statement by the Executive Director for Slovenia

May 31, 2011

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Republic of Slovenia: 2011 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; Staff Statement; and Statement by the Executive Director for Slovenia, (USA: International Monetary Fund, 2011) accessed September 17, 2024

Summary

The global crisis exacerbated the Slovenian economy’s previous imbalances in the fiscal, financial, and real sectors. The authorities agreed that fiscal consolidation including pension, health care, and financial management is essential for sustainable recovery. The Bank of Slovenia emphasizes that banks’ governance and capitalization should be enhanced, regardless of ownership. The authorities suggested that structural reforms in labor and product markets are critical to boost potential growth. The authorities agreed that maintaining competitiveness is crucial for Slovenia as it has a small and export-dependent economy.

Subject: Banking, Employment, Expenditure, External debt, Labor, Pension reform, Public debt, Wages

Keywords: CR, Deficit, Employment, Global, Government, ISCR, Issued share, Pension reform, Recapitalization, Recapitalization of NLB, Staff encouragement, Staff scenario, State bank recapitalization, Wages

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/121
Stock No:

1SVNEA2011001
ISBN:

9781455276554
ISSN:

1934-7685

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